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What is the maximum total loss allowed at CoveFunded?

The maximum loss is the threshold at which your account will be breached if exceeded. This amount is fixed based on your starting balance.

  • One phase accounts: 6% for challenge phase and 10% when funded
  • Two phase and swing accounts: 10% for the challenge phase and 10% when funded

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Please note that all accounts we provide to our clients are demo accounts in a simulated trading environment.
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